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Finmeccanica owns all of AnsaldoBreda, which is unprofitable, and 40% of Ansaldo STS, which is profitable, according to the report. The two Ansaldo companies formed a joint venture, Ansaldo Honolulu JV, to design and build the 20-mile, 21-station elevated train system for Oahu under a $1.4 billion contract.
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Mitsubishi Heavy and Hitachi find overseas intra-city railway systems are the area where the two companies can demonstrate their competitiveness most via work ranging from marketing to construction, installation and maintenance in the field.
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